Abstract
THE report on the Economics of Air Transport in Europe, recently submitted by M. Henri Bouchee to the special sub-committee of the Air Transport Co-operation Committee of the League of Nations, appointed to study the constitution and operation of a main network of permanent air routes, affords a dismal picture of the frustration of science. The report shows clearly that such free competition as exists in Europe to-day is chiefly competition in paying out subsidies. The waste and inefficiency in aviation which result from this commercial aviation are difficult to parallel. In the three years 1930-32, subsidies for aviation cost the European taxpayer about 2,000 million francs. Even in 1933, only four companies in Europe had advanced even half-way towards paying their way. At the end of 1932 British enterprises were nearly two thirds of the way, German enterprises only two fifths, French enterprises one fifth, Italian enterprises one fifteenth and air trans port in Europe as a whole nearly one third.
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Economics of Air Transport. Nature 136, 153 (1935). https://doi.org/10.1038/136153a0
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DOI: https://doi.org/10.1038/136153a0